Dynamic Advisor Solutions LLC Sells 3,739 Shares of Broadcom Inc. $AVGO

Dynamic Advisor Solutions LLC lowered its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 4.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,164 shares of the semiconductor manufacturer’s stock after selling 3,739 shares during the quarter. Broadcom comprises 1.0% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 16th biggest position. Dynamic Advisor Solutions LLC’s holdings in Broadcom were worth $34,060,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. ROSS JOHNSON & Associates LLC boosted its holdings in Broadcom by 1,320.0% in the 4th quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 66 shares during the period. Networth Advisors LLC raised its position in shares of Broadcom by 546.2% in the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 71 shares in the last quarter. SWAN Capital LLC boosted its stake in shares of Broadcom by 261.9% in the fourth quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 55 shares during the period. Nvest Wealth Strategies Inc. acquired a new stake in Broadcom during the fourth quarter worth approximately $33,000. Finally, Family CFO Inc bought a new position in Broadcom during the 4th quarter worth $35,000. Institutional investors own 76.43% of the company’s stock.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s strong AI exposure remains the primary catalyst. Its latest quarterly results showed AI semiconductor revenue of $10.8 billion, up 143% year over year, while management maintained its expectation for AI semiconductor revenue to exceed $100 billion in fiscal 2027. Investors are also focused on Broadcom’s custom-chip relationships with major cloud customers, including Google and OpenAI. Broadcom custom AI chips article
• Positive Sentiment: A broad semiconductor rally, record industry sales and renewed risk appetite are lifting AVGO alongside AMD, Marvell and Micron. Analysts and market commentators increasingly describe Broadcom as one of Nvidia’s most significant competitors in data-center silicon because of its custom AI accelerators and high-speed networking portfolio. Semiconductor rally article
• Positive Sentiment: Potential U.S. restrictions on Chinese optical-transceiver imports could create additional demand for Broadcom’s networking chips and digital-signal-processing components as data centers seek Western alternatives. The company’s optical and connectivity technologies may become more strategically important as AI clusters migrate toward 800G and 1.6T architectures. AI infrastructure and optical supply chain article
• Neutral Sentiment: Analyst sentiment is favorable, with recent Buy ratings and a median price target of about $525, but targets vary widely. This optimism is balanced by AVGO’s elevated valuation, making the stock more sensitive to any slowdown in AI spending or weaker guidance.
• Negative Sentiment: A possible ban on Chinese AI-related components could increase costs, constrain optical-transceiver supply and delay hyperscaler data-center deployments. Broadcom could benefit from substitution demand, but it could also face near-term disruption across an interconnected supply chain. China AI component ban article
• Negative Sentiment: Reported insider activity has been overwhelmingly weighted toward sales, which may raise caution after the recent advance, although institutional ownership remains mixed rather than uniformly negative.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AVGO shares. TD Cowen reissued a “buy” rating and set a $500.00 target price on shares of Broadcom in a report on Thursday, June 4th. Erste Group Bank reaffirmed a “hold” rating on shares of Broadcom in a research note on Tuesday, July 7th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $545.00 price objective (up from $430.00) on shares of Broadcom in a research report on Thursday, May 14th. KeyCorp reiterated an “overweight” rating and set a $575.00 price objective (up from $500.00) on shares of Broadcom in a research note on Thursday, June 4th. Finally, Mizuho raised their target price on shares of Broadcom from $480.00 to $530.00 and gave the company an “outperform” rating in a report on Thursday, June 4th. Twenty-eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $493.24.

Broadcom Trading Up 0.0%

Shares of AVGO stock opened at $418.28 on Thursday. Broadcom Inc. has a fifty-two week low of $281.87 and a fifty-two week high of $495.00. The stock’s fifty day moving average price is $393.49 and its two-hundred day moving average price is $369.56. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. The company has a market cap of $1.99 trillion, a PE ratio of 69.71, a P/E/G ratio of 0.80 and a beta of 1.45.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.04. The company had revenue of $22.19 billion during the quarter, compared to analysts’ expectations of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.Broadcom’s revenue was up 47.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.58 EPS. Equities analysts predict that Broadcom Inc. will post 10.24 EPS for the current fiscal year.

Broadcom Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.60 annualized dividend and a yield of 0.6%. Broadcom’s payout ratio is presently 43.33%.

Insider Activity at Broadcom

In related news, Director Gayla J. Delly sold 1,890 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the completion of the transaction, the director directly owned 31,326 shares in the company, valued at $12,072,413.88. This represents a 5.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harry L. You acquired 1,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were bought at an average price of $373.57 per share, with a total value of $373,570.00. Following the completion of the transaction, the director owned 38,466 shares in the company, valued at $14,369,743.62. This represents a 2.67% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 61,644 shares of company stock worth $24,016,214 over the last three months. 1.90% of the stock is owned by insiders.

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.